Earnings Per Common Share (EPS) (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Schedule of earnings per share, basic and diluted

	YEARS ENDED
	DECEMBER 31,
	2020		2019
Basic Earnings Per Share Computation:
Net income	$	10,323,684	$	226,255
Weighted average number of common shares		8,460,558		8,397,454
Basic Earnings Per Share	$	1.22	$	0.03
Diluted Earnings Per Share Computation:
Net income	$	10,323,684	$	226,255
Weighted average number of common shares		8,460,558		8,397,454
Incremental shares from assumed conversions
of dilutive securities		142,612		3,575
Adjusted weighted average number of
common shares		8,603,170		8,401,029
Diluted Earnings Per Share	$	1.20	$	0.03